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Speech and Voice Recognition Market by Technology (Speech and Voice Recognition), Vertical (Automotive, Consumer, Government, Enterprise, Healthcare, BFSI), Deployment (On Cloud & On-Premises/Embedded), and Geography - Global Forecast to 2024

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Speech and Voice Recognition Market by Technology (Speech and Voice Recognition), Vertical (Automotive, Consumer, Government, Enterprise, Healthcare, BFSI), Deployment (On Cloud & On-Premises/Embedded), and Geography - Global Forecast to 2024
Published: March 28, 2019 Content info: 164 Pages
Description

"Far-Filed Speech and voice recognition market is expected to grow at CAGR of 23.89% from 2018 to 2024."

The far-field speech and voice recognition market is expected to grow from USD 969 million in 2018 to USD 3,505 million by 2024, at a CAGR of 23.89%. The growth of the far-field speech and voice recognition market can be attributed to the advancement of deep-learning-based far-field microphones, growing impact of front-end hardware components on the accuracy of speech and voice recognition, and growth in voice control-based smart speakers. However, growing privacy threat from voice-enabled smart home devices and lack of accuracy in far-field speech and voice recognition systems in noisy and harsh environments are restraining the market growth.

"Software expected to grow at highest CAGR during the forecast period."

Software or deep learning plays a major role in voice pickup. It offers beamforming, spectral noise reduction, acoustic echo cancellation, and de-reverberation technologies to enhance speech recognition performance in far-field use cases and hence improve the quality of the input speech signal. Alango offers a voice enhancement package (VEP), a set of software technologies comprising a multi-microphone beamforming array and echo canceller, which support far-field speech recognition enhancement in smart home products, mobile phones, and automotive voice-controlled applications.

"Microphones expected to hold a largest market size of the far-field speech and voice recognition market throughout the forecast period."

Far-field speech and voice recognition systems use multiple microphones in form of a linear or circular array to reduce the impact of noise and reverberation from the surrounding environment. In recent years the development of deep-learning-based trainable algorithm for far-field microphones has greatly reduced the limitation of signal distortion and loss of information. Microphones with machine learning, neural networks, and beamforming have improved front-end voice processing. Smart speaker from Google has been at the forefront in deploying deep learning-based microphones in their device. Using deep learning-based microphone, Google had reduced the number of microphones in their smart speakers to two microphones per device, whereas their arch-rival Amazon is using 7 microphones in a single smart speaker.

"Far-Field Speech and Voice Recognition market in RoW is expected to grow at highest CAGR during forecast period."

The growing adoption of smart speakers and smart home devices in South America, Israel, and UAE is driving the growth of the far-field speech and voice recognition market in RoW. South Africa and Nigeria are also key revenue generators in the far-field speech and voice recognition market in RoW. IBM Watson and Google are progressively making strategic decisions to penetrate into the comparatively lesser tapped region. IBM Watson added the capability to understand the Arabic language, and this has increased the demand for IBM Watson in the MEA region. Furthermore, the falling price of smart speakers from Google and Amazon have also fueled the growth of smart home devices among middle class consumer in the Middle East & Africa.

Breakdown of Profiles of Primary Participants:

  • By Company Type: Tier 1 - 27%, Tier 2 - 41%, and Tier 3 - 32%
  • By Designation: C-Level Executives - 26%, Directors - 40%, and Others - 34%
  • By Region: North America - 47%, Europe - 28%, APAC - 19%, and RoW - 6%

Synaptics (US), Texas Instruments (US), Qualcomm (US), Sensory (US), STMicroelectronics (Switzerland), Harman (US), Andrea Electronics (US), Cirrus Logic (US), Microsemi (US), and DSP Group (US) are a few key players in the far-field speech and voice recognition market.

Research Coverage:

The study covers the far-field speech and voice recognition market. It aims at estimating the market size and growth potential of this market, across different segments, such as by component, application, microphone solution, and geography. The study also includes an in-depth competitive analysis of key market players, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report:

The report will help leaders/new entrants in this market with information on the closest approximations of revenue numbers for the overall far-field speech and voice recognition market and its subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

Table of Contents
Product Code: SE 4365

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 OBJECTIVES OF THE STUDY
  • 1.2 DEFINITION
  • 1.3 SCOPE OF THE STUDY
    • 1.3.1 MARKETS COVERED
    • 1.3.2 GEOGRAPHIC SCOPE
    • 1.3.3 YEARS CONSIDERED FOR THE STUDY
  • 1.4 CURRENCY
  • 1.5 LIMITATIONS
  • 1.6 STAKEHOLDERS

2 RESEARCH METHODOLOGY

  • 2.1 RESEARCH DATA
    • 2.1.1 SECONDARY DATA
      • 2.1.1.1 Secondary sources
    • 2.1.2 PRIMARY DATA
      • 2.1.2.1 Primary sources
      • 2.1.2.2 Key industry insights
      • 2.1.2.3 Breakdown of primaries
  • 2.2 MARKET SIZE ESTIMATION
    • 2.2.1 BOTTOM-UP APPROACH
    • 2.2.2 TOP-DOWN APPROACH
  • 2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
  • 2.4 RESEARCH ASSUMPTIONS

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

  • 4.1 ATTRACTIVE OPPORTUNITIES IN SPEECH AND VOICE RECOGNITION MARKET
  • 4.2 SPEECH AND VOICE RECOGNITION MARKET, BY TECHNOLOGY
  • 4.3 SPEECH RECOGNITION MARKET, BY TYPE, 2018-2024
  • 4.4 SPEECH AND VOICE RECOGNITION, BY VERTICAL AND COUNTRY IN APAC
  • 4.5 SPEECH AND VOICE RECOGNITION MARKET, BY GEOGRAPHY

5 MARKET OVERVIEW

  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    • 5.2.1 DRIVERS
      • 5.2.1.1 Rapid proliferation of multifunctional devices or smart speakers
      • 5.2.1.2 High growth potential in healthcare application
      • 5.2.1.3 Increased demand for speech-based biometric systems for multifactor authentication
      • 5.2.1.4 Growing demand for voice authentication in mobile banking applications
      • 5.2.1.5 Growing impact of Artificial Intelligence(AI) on the accuracy of speech and voice recognition
      • 5.2.1.6 Growth in the number of voice control-based smart assistive devices in consumer and enterprise verticals
    • 5.2.2 RESTRAINTS
      • 5.2.2.1 High cost of high-end voice recognition system
      • 5.2.2.2 Lack of accuracy in speech and voice recognition systems in noisy and harsh environments
      • 5.2.2.3 Oligopoly in the development of the speech and voice recognition technology using neural networks restricting its usage for cloud-based services
    • 5.2.3 OPPORTUNITIES
      • 5.2.3.1 Development of speech and voice recognition software for micro-linguistics and local languages
      • 5.2.3.2 Application of speech and voice recognition in service robotics
      • 5.2.3.3 Use of speech and voice recognition technology in the education of temporarily and permanently disabled students
      • 5.2.3.4 Role of speech and voice recognition technology in autonomous cars
      • 5.2.3.5 Growing consumer acceptance/preferences for technologically advanced products
    • 5.2.4 CHALLENGES
      • 5.2.4.1 Possibility of increased errors with change in quality of voice samples due to fluctuations in the physical or physiological state
      • 5.2.4.2 Lack of standardized platform for the development of customized speech and voice recognition software products
      • 5.2.4.3 Low internet penetration and slow network speed in some regions pose a challenge to cloud-based SR services

6 DELIVERY METHODS IN SPEECH AND VOICE RECOGNITION

  • 6.1 INTRODUCTION
  • 6.2 ARTIFICIAL INTELLIGENCE (AI) BASED
  • 6.3 NON-ARTIFICIAL INTELLIGENCE BASED

7 SPEECH AND VOICE RECOGNITION MARKET, BY TECHNOLOGY

  • 7.1 INTRODUCTION
  • 7.2 VOICE RECOGNITION
    • 7.2.1 INCREASED USE OF BIOMETRICS DUE TO THE GROWING THREAT OF CYBERSECURITY AND DATA BREACHES
  • 7.3 SPEECH RECOGNITION
    • 7.3.1 SPEECH RECOGNITION IS CONTINUOUSLY GAINING TRACTION IN CERTAIN HEALTHCARE SEGMENTS-MOST PROMINENTLY RADIOLOGY

8 SPEECH AND VOICE RECOGNITION MARKET, BY DEPLOYMENT MODE

  • 8.1 INTRODUCTION
  • 8.2 ON CLOUD
    • 8.2.1 ON-CLOUD IS EXPECTED TO ACCOUNT FOR THE LARGEST MARKET BY FAR WHEN COMPARED TO ON-PREMISES SOLUTIONS.
  • 8.3 ON-PREMISES/EMBEDDED
    • 8.3.1 ON-PREMISE/EMBEDDED SEGMENT IS EXPECTED TO WITNESS HIGHER GROWTH DURING THE FORECAST PERIOD

9 SPEECH AND VOICE RECOGNITION MARKET, BY VERTICAL

  • 9.1 INTRODUCTION
  • 9.2 AUTOMOTIVE
    • 9.2.1 ROLE OF SPEECH AND VOICE RECOGNITION TECHNOLOGY IN AUTONOMOUS CARS
  • 9.3 ENTERPRISE
    • 9.3.1 MARKET FOR ENTERPRISE ROBOTICS APPLICATION EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD.
  • 9.4 CONSUMER
    • 9.4.1 GROWTH IN THE NUMBER OF VOICE CONTROL-BASED SMART ASSISTIVE DEVICES IN CONSUMER VERTICAL
  • 9.5 BANKING, FINANCIAL SERVICES, & INSURANCE (BFSI)
    • 9.5.1 GROWING DEMAND FOR VOICE AUTHENTICATION IN MOBILE BANKING APPLICATIONS
  • 9.6 GOVERNMENT
    • 9.6.1 DEMAND FOR BIOMETRIC TECHNOLOGIES HAS INCREASED THE DEMAND FOR SPEECH AND VOICE RECOGNITION SYSTEM IN THE GOVERNMENT SECTOR
  • 9.7 RETAIL
    • 9.7.1 SPEECH AND VOICE RECOGNITION CAN HELP RETAILERS COMBAT COLLUSIVE FRAUD, THEREBY REDUCING LOSSES
  • 9.8 HEALTHCARE
    • 9.8.1 DEMAND FOR HIGH-QUALITY CARE AND REDUCED COST, AS WELL AS INCREASED REGULATORY COMPLIANCE, IS FUELLING THE GROWTH OF THE MARKET FOR THE HEALTHCARE VERTICAL
  • 9.9 MILITARY
    • 9.9.1 VOICE RECOGNITION SYSTEMS CAN IMPROVE THE ACCESS CONTROL SYSTEMS TO ENHANCE THE SAFETY OF WEAPONS AND PREMISES
  • 9.10 LEGAL
    • 9.10.1 HIGH DEMAND FOR SPEECH RECOGNITION SOFTWARE IN LAW OFFICES DRIVES THE SPEECH AND VOICE RECOGNITION MARKET IN THE LEGAL VERTICAL
  • 9.11 EDUCATION
    • 9.11.1 INCREASING USE OF SPEECH AND VOICE RECOGNITION TECHNOLOGY IN THE EDUCATION OF TEMPORARILY AND PERMANENTLY DISABLED STUDENTS
  • 9.12 OTHERS

10 SPEECH AND VOICE RECOGNITION MARKET, BY GEOGRAPHY

  • 10.1 INTRODUCTION
  • 10.2 AMERICAS
    • 10.2.1 US
      • 10.2.1.1 US accounted for the largest size of speech and voice recognition market in Americas
    • 10.2.2 CANADA
      • 10.2.2.1 Deployment of voice biometrics technology in the banking industry to enhance security levels
    • 10.2.3 REST OF THE AMERICAS
      • 10.2.3.1 High growth opportunities for electronics and automotive verticals expected to drive growth of market in Rest of American countries
  • 10.3 EUROPE
    • 10.3.1 UK
      • 10.3.1.1 Significant government investments for implementing biometric technologies to ensure network security
    • 10.3.2 GERMANY
      • 10.3.2.1 Greater dependence on AI and cognitive technologies in enterprises
    • 10.3.3 FRANCE
      • 10.3.3.1 Plans to integrate voice technology with other interfaces across the retail vertical
    • 10.3.4 REST OF EUROPE
      • 10.3.4.1 Rising demand for improving consumer experience in the BFSI and retail industry verticals
  • 10.4 APAC
    • 10.4.1 JAPAN
      • 10.4.1.1 Deployment of speech recognition to support decoding in real time
    • 10.4.2 CHINA
      • 10.4.2.1 Significant investments in the biometric sector to enhance the security applications
    • 10.4.3 INDIA
      • 10.4.3.1 Large-scale residential development and increasing mobile and internet penetration expected to drive growth of Indian market
    • 10.4.4 REST OF APAC
  • 10.5 ROW
    • 10.5.1 MIDDLE EAST
      • 10.5.1.1 Rising penetration of voice biometric system to maintain high levels of security and safety
    • 10.5.2 AFRICA
      • 10.5.2.1 Banks collaborating with software provides globally to implement voice recognition in banking operations

11 COMPETITIVE LANDSCAPE

  • 11.1 INTRODUCTION
  • 11.2 MARKET RANKING ANALYSIS: SPEECH & VOICE RECOGNITION MARKET
  • 11.3 COMPETITIVE SITUATIONS AND TRENDS
    • 11.3.1 PRODUCT LAUNCHES AND DEVELOPMENTS
    • 11.3.2 PARTNERSHIPS AND COLLABORATIONS
    • 11.3.3 ACQUISITIONS
  • 11.4 COMPETITIVE LEADERSHIP MAPPING
    • 11.4.1 VISIONARY LEADERS
    • 11.4.2 DYNAMIC DIFFERENTIATORS
    • 11.4.3 INNOVATORS
    • 11.4.4 EMERGING COMPANIES
  • 11.5 STRENGTH OF PRODUCT PORTFOLIO
  • 11.6 BUSINESS STRATEGY EXCELLENCE

12 COMPANY PROFILES

(Business overview, Products offered, Recent developments, SWOT analysis & MnM View)*

  • 12.1 KEY PLAYERS
    • 12.1.1 NUANCE COMMUNICATION
    • 12.1.2 MICROSOFT
    • 12.1.3 ALPHABET
    • 12.1.4 IBM
    • 12.1.5 SENSORY
    • 12.1.6 CANTAB RESEARCH
    • 12.1.7 AMAZON
    • 12.1.8 BAIDU
    • 12.1.9 IFLYTEK
    • 12.1.10 RAYTHEON BBN TECHNOLOGIES
    • 12.1.11 SPEAK2WEB
  • 12.2 OTHER COMPANIES
    • 12.2.1 M2SYS
    • 12.2.2 MMODAL
    • 12.2.3 VOICEVAULT
    • 12.2.4 VALIDSOFT
    • 12.2.5 LUMENVOX
    • 12.2.6 ACAPELA GROUP
    • 12.2.7 VOCALZOOM
    • 12.2.8 BIOTRUST ID
    • 12.2.9 UNIPHORE SOFTWARE

Details on Business overview, Products offered, Recent developments, SWOT analysis & MnM View might not be captured in case of unlisted companies.

13 APPENDIX

  • 13.1 INSIGHTS OF INDUSTRY EXPERTS
  • 13.2 DISCUSSION GUIDE
  • 13.3 KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
  • 13.4 AVAILABLE CUSTOMIZATIONS
  • 13.5 RELATED REPORTS
  • 13.6 AUTHOR DETAILS

LIST OF TABLES

  • TABLE 1: SPEECH AND VOICE RECOGNITION MARKET, BY TECHNOLOGY, 2016-2024 (USD BILLION)
  • TABLE 2: VOICE RECOGNITION MARKET, BY REGION, 2016-2024 (USD MILLION)
  • TABLE 3: SPEECH RECOGNITION MARKET, BY REGION, 2016-2024 (USD BILLION)
  • TABLE 4: SPEECH RECOGNITION MARKET, BY TYPE, 2016-2024 (USD BILLION)
  • TABLE 5: AUTOMATIC SPEECH RECOGNITION MARKET, BY REGION, 2016-2024 (USD BILLION)
  • TABLE 6: TEXT TO SPEECH MARKET, BY REGION, 2016-2024 (USD MILLION)
  • TABLE 7: SPEECH AND VOICE RECOGNITION MARKET, BY DEPLOYMENT MODE, 2016-2024 (USD BILLION)
  • TABLE 8: ON CLOUD SPEECH & VOICE RECOGNITION MARKET, BY REGION, 2016-2024 (USD MILLION)
  • TABLE 9: ON-PREMISES/EMBEDDED SPEECH AND VOICE RECOGNITION MARKET, BY REGION, 2016-2024 (USD MILLION)
  • TABLE 10: SPEECH AND VOICE RECOGNITION MARKET, BY VERTICAL, 2016-2024 (USD MILLION)
  • TABLE 11: VOICE RECOGNITION MARKET, BY VERTICAL, 2016-2024 (USD MILLION)
  • TABLE 12: SPEECH RECOGNITION MARKET, BY VERTICAL, 2016-2024 (USD MILLION)
  • TABLE 13: SPEECH AND VOICE RECOGNITION MARKET IN AUTOMOTIVE, BY APPLICATION, 2016-2024 (USD MILLION)
  • TABLE 14: SPEECH RECOGNITION MARKET IN AUTOMOTIVE, BY APPLICATION, 2016-2024 (USD MILLION)
  • TABLE 15: SPEECH RECOGNITION MARKET IN AUTOMOTIVE, BY REGION, 2016-2024 (USD MILLION)
  • TABLE 16: VOICE RECOGNITION MARKET IN AUTOMOTIVE, BY APPLICATION, 2016-2024 (USD MILLION)
  • TABLE 17: VOICE RECOGNITION MARKET IN AUTOMOTIVE, BY REGION, 2016-2024 (USD MILLION)
  • TABLE 18: SPEECH AND VOICE RECOGNITION MARKET IN ENTERPRISE, BY APPLICATION, 2016-2024 (USD MILLION)
  • TABLE 19: VOICE RECOGNITION MARKET IN ENTERPRISE, BY REGION, 2016-2024 (USD MILLION)
  • TABLE 20: SPEECH RECOGNITION MARKET IN ENTERPRISES, BY REGION (USD MILLION)
  • TABLE 21: SPEECH RECOGNITION MARKET IN ENTERPRISE, BY APPLICATION, 2016-2024 (USD MILLION)
  • TABLE 22: VOICE RECOGNITION MARKET IN ENTERPRISE, BY APPLICATION, 2016-2024 (USD MILLION)
  • TABLE 23: SPEECH AND VOICE RECOGNITION MARKET IN CONSUMER, BY APPLICATION, 2016-2024 (USD MILLION)
  • TABLE 24: SPEECH RECOGNITION MARKET IN CONSUMER, BY APPLICATION, 2016-2024 (USD MILLION)
  • TABLE 25: VOICE RECOGNITION IN CONSUMER MARKET, BY APPLICATION, 2016-2024 (USD MILLION)
  • TABLE 26: VOICE RECOGNITION IN CONSUMER, BY REGION, 2016-2024 (USD MILLION)
  • TABLE 27: SPEECH RECOGNITION MARKET IN CONSUMER, BY REGION, 2016-2024 (USD MILLION)
  • TABLE 28: VOICE RECOGNITION MARKET IN BANKING, FINANCIAL SERVICES, & INSURANCE, BY REGION, 2016-2024 (USD MILLION)
  • TABLE 29: SPEECH RECOGNITION MARKET IN BANKING, FINANCIAL SERVICES, & INSURANCE, BY REGION, 2016-2024 (USD MILLION)
  • TABLE 30: SPEECH RECOGNITION MARKET IN BANKING, FINANCIAL SERVICES, & INSURANCE, BY APPLICATION, 2016-2024 (USD MILLION)
  • TABLE 31: VOICE RECOGNITION MARKET IN BANKING, FINANCIAL SERVICES, & INSURANCE, BY APPLICATION, 2016-2024 (USD MILLION)
  • TABLE 32: SPEECH & VOICE RECOGNITION MARKET IN BANKING, FINANCIAL SERVICES, & INSURANCE, BY APPLICATION, 2016-2024 (USD MILLION)
  • TABLE 33: SPEECH RECOGNITION MARKET IN GOVERNMENT, BY REGION, 2016-2024 (USD MILLION)
  • TABLE 34: VOICE RECOGNITION MARKET IN GOVERNMENT, BY REGION, 2016-2024 (USD MILLION)
  • TABLE 35: VOICE RECOGNITION MARKET IN GOVERNMENT, BY APPLICATION, 2016-2024 (USD MILLION)
  • TABLE 36: SPEECH & VOICE RECOGNITION MARKET IN GOVERNMENT, BY APPLICATION, 2016-2024 (USD MILLION)
  • TABLE 37: SPEECH RECOGNITION MARKET IN GOVERNMENT, BY APPLICATION (USD MILLION)
  • TABLE 38: SPEECH RECOGNITION MARKET IN RETAIL, BY REGION, 2016-2024 (USD MILLION)
  • TABLE 39: VOICE RECOGNITION MARKET IN RETAIL, BY REGION, 2016-2024 (USD MILLION)
  • TABLE 40: SPEECH RECOGNITION MARKET IN RETAIL, BY APPLICATION, 2016-2024 (USD MILLION)
  • TABLE 41: VOICE RECOGNITION MARKET IN RETAIL, BY APPLICATION, 2016-2024 (USD MILLION)
  • TABLE 42: SPEECH AND VOICE RECOGNITION MARKET IN RETAIL, BY APPLICATION, 2016-2024 (USD MILLION)
  • TABLE 43: VOICE RECOGNITION MARKET IN HEALTHCARE, BY REGION, 2016-2024 (USD MILLION)
  • TABLE 44: SPEECH RECOGNITION MARKET IN HEALTHCARE, BY REGION, 2016-2024 (USD MILLION)
  • TABLE 45: SPEECH RECOGNITION MARKET IN HEALTHCARE, BY APPLICATION, 2016-2024 (USD MILLION)
  • TABLE 46: VOICE RECOGNITION MARKET IN HEALTHCARE, BY APPLICATION, 2016-2024 (USD MILLION)
  • TABLE 47: SPEECH & VOICE RECOGNITION MARKET IN HEALTHCARE, BY APPLICATION, 2016-2024 (USD MILLION)
  • TABLE 48: SPEECH & VOICE RECOGNITION MARKET IN MILITARY, BY APPLICATION, 2016-2024 (USD MILLION)
  • TABLE 49: VOICE RECOGNITION MARKET IN MILITARY, BY APPLICATION, 2016-2024 (USD MILLION)
  • TABLE 50: SPEECH RECOGNITION MARKET IN MILITARY, BY APPLICATION, 2016-2024 (USD MILLION)
  • TABLE 51: SPEECH RECOGNITION MARKET IN MILITARY, BY REGION, 2016-2024 (USD MILLION)
  • TABLE 52: VOICE RECOGNITION MARKET IN MILITARY, BY REGION, 2016-2024 (USD MILLION)
  • TABLE 53: SPEECH & VOICE RECOGNITION MARKET IN LEGAL, BY APPLICATION, 2016-2024 (USD MILLION)
  • TABLE 54: VOICE RECOGNITION MARKET IN LEGAL VERTICAL, BY APPLICATION, 2016-2024 (USD MILLION)
  • TABLE 55: SPEECH RECOGNITION MARKET IN LEGAL, BY APPLICATION, 2016-2024 (USD MILLION)
  • TABLE 56: SPEECH RECOGNITION MARKET IN LEGAL, BY REGION, 2016-2024 (USD MILLION)
  • TABLE 57: VOICE RECOGNITION MARKET IN LEGAL, BY REGION, 2016-2024 (USD MILLION)
  • TABLE 58: VOICE RECOGNITION MARKET IN EDUCATION, BY REGION, 2016-2024 (USD MILLION)
  • TABLE 59: SPEECH RECOGNITION MARKET IN EDUCATION, BY REGION, 2016-2024 (USD MILLION)
  • TABLE 60: SPEECH RECOGNITION MARKET IN EDUCATION, BY APPLICATION, 2016-2024 (USD MILLION)
  • TABLE 61: VOICE RECOGNITION MARKET IN EDUCATION, BY APPLICATION, 2016-2024 (USD MILLION)
  • TABLE 62: SPEECH & VOICE RECOGNITION MARKET IN EDUCATION, BY APPLICATION, 2016-2024 (USD MILLION)
  • TABLE 63: VOICE RECOGNITION MARKET IN OTHERS, BY REGION, 2016-2024 (USD MILLION)
  • TABLE 64: SPEECH RECOGNITION MARKET IN OTHERS, BY REGION, 2016-2024 (USD MILLION)
  • TABLE 65: SPEECH AND VOICE RECOGNITION MARKET, BY REGION, 2016-2024 (USD BILLION)
  • TABLE 66: SPEECH RECOGNITION MARKET, BY REGION, 2016-2024 (USD BILLION)
  • TABLE 67: VOICE RECOGNITION MARKET, BY REGION, 2016-2024 (USD MILLION)
  • TABLE 68: SPEECH AND VOICE RECOGNITION MARKET IN AMERICAS, BY COUNTRY, 2016-2024 (USD MILLION)
  • TABLE 69: SPEECH AND VOICE RECOGNITION MARKET IN EUROPE, BY COUNTRY, 2016-2024 (USD MILLION)
  • TABLE 70: SPEECH AND VOICE RECOGNITION MARKET IN APAC, BY COUNTRY, 2016-2024 (USD MILLION)
  • TABLE 71: SPEECH AND VOICE RECOGNITION MARKET IN ROW, BY REGION, 2016-2024 (USD MILLION)
  • TABLE 72: PRODUCT LAUNCHES AND DEVELOPMENTS (2016-2018)
  • TABLE 73: PARTNERSHIPS AND COLLABORATIONS (2015-2018)
  • TABLE 74: ACQUISITIONS, 2016-2018

LIST OF FIGURES

  • FIGURE 1: SPEECH AND VOICE RECOGNITION MARKET: RESEARCH DESIGN
  • FIGURE 2: PROCESS FLOW OF MARKET SIZE ESTIMATION
  • FIGURE 3: MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
  • FIGURE 4: MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
  • FIGURE 5: DATA TRIANGULATION
  • FIGURE 6: SPEECH AND VOICE RECOGNITION MARKET BETWEEN 2016 AND 2024 (USD MILLION)
  • FIGURE 7: VOICE RECOGNITION MARKET EXPECTED TO GROW AT A HIGHER CAGR BETWEEN 2018 AND 2024
  • FIGURE 8: CONSUMER VERTICAL EXPECTED TO HOLD THE LARGEST MARKET SIZE DURING THE FORECAST PERIOD
  • FIGURE 9: ON-PREMISE/EMBEDDED DEPLOYMENT MODE EXPECTED TO WITNESS HIGHER GROWTH BETWEEN 2018 AND 2024
  • FIGURE 10: SPEECH AND VOICE RECOGNITION MARKET IN APAC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 11: SPEECH AND VOICE RECOGNITION MARKET IN APAC TO GROW AT HIGHEST CAGR FROM 2018 TO 2024
  • FIGURE 12: MARKET FOR SPEECH RECOGNITION HOLDS THE MAJOR MARKET SHARE DURING FORECAST PERIOD
  • FIGURE 13: AUTOMATIC SPEECH RECOGNITION TO HOLD LARGEST SIZE OF SPEECH RECOGNITION MARKET DURING FORECAST PERIOD
  • FIGURE 14: CHINA ACCOUNTED FOR LARGEST SHARE OF SPEECH AND VOICE RECOGNITION MARKET IN APAC IN 2018
  • FIGURE 15: US HELD THE LARGEST SHARE OF SPEECH AND VOICE RECOGNITION MARKET IN 2018
  • FIGURE 16: INCREASING USE OF SPEECH AND VOICE RECOGNITION IN CONSUMER ELECTRONICS DEVICES
  • FIGURE 17: IDENTITY THEFT ACCOUNTED FOR MORE THAN HALF OF THE TOTAL DATA BREACHES IN 2017
  • FIGURE 18: USE OF SPEECH RECOGNITION CAN EFFECTIVELY PREVENT IDENTITY THEFT IN BANKING AND FINANCE
  • FIGURE 19: SPEECH AND VOICE RECOGNITION TECHNOLOGY WITNESSED CONSIDERABLE GROWTH IN ACCURACY DURING 2010-2017
  • FIGURE 20: GROWTH OF AMAZON'S ALEXA SKILL SET TILL MARCH 2018
  • FIGURE 21: INSTALLATION OF CONNECTED DEVICES IN SMART HOMES WITHIN SMART CITIES
  • FIGURE 22: DELIVERY METHODS IN SPEECH & VOICE RECOGNITION
  • FIGURE 23: SPEECH RECOGNITION TO HOLD THE MAJOR MARKET SHARE BETWEEN 2018 AND 2024
  • FIGURE 24: AUTOMATIC SPEECH RECOGNITION MARKET, BY REGION, 2018-2024 (USD BILLION)
  • FIGURE 25: ON CLOUD TO HOLD MAJOR MARKET SHARE BETWEEN 2018 AND 2024
  • FIGURE 26: CONSUMER VERTICAL TO HOLD THE LARGEST SHARE OF SPEECH RECOGNITION MARKET THROUGHOUT THE FORECAST PERIOD
  • FIGURE 27: VOICE RECOGNITION MARKET IN AUTOMOTIVE, BY APPLICATION, 2018-2024 (USD MILLION)
  • FIGURE 28: CONSUMER SPEECH AND VOICE RECOGNITION FOR WEARABLE DEVICE CONTROL APPLICATION TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
  • FIGURE 29: APAC TO HOLD LARGEST SIZE OF THE SPEECH RECOGNITION MARKET FOR THE CONSUMER VERTICAL DURING THE FORECAST PERIOD
  • FIGURE 30: VOICE RECOGNITION MARKET IN GOVERNMENT, BY APPLICATION, 2018-2024 (USD MILLION)
  • FIGURE 31: AMERICAS TO HOLD THE LARGEST SIZE OF SPEECH RECOGNITION MARKET FOR THE HEALTHCARE VERTICAL DURING THE FORECAST PERIOD
  • FIGURE 32: VOICE RECOGNITION MARKET IN LEGAL, BY REGION, 2018-2024 (USD MILLION)
  • FIGURE 33: VOICE RECOGNITION MARKET FOR EDUCATION, BY APPLICATION, 2018-2024 (USD MILLION)
  • FIGURE 34: APAC TO HOLD LARGEST SIZE OF THE VOICE RECOGNITION MARKET FOR THE OTHERS VERTICAL DURING THE FORECAST PERIOD
  • FIGURE 35: GEOGRAPHIC SNAPSHOT: SPEECH AND VOICE RECOGNITION MARKET IN APAC EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
  • FIGURE 36: AMERICAS: SPEECH AND VOICE RECOGNITION MARKET SNAPSHOT
  • FIGURE 37: EUROPE: SPEECH AND VOICE RECOGNITION MARKET SNAPSHOT
  • FIGURE 38: APAC: SPEECH AND VOICE RECOGNITION MARKET SNAPSHOT
  • FIGURE 39: KEY GROWTH STRATEGIES ADOPTED BY TOP COMPANIES, 2015-2018
  • FIGURE 40: MARKET RANKING OF THE TOP 5 PLAYERS IN THE SPEECH & VOICE RECOGNITION MARKET, 2017
  • FIGURE 41: SPEECH AND VOICE RECOGNITION MARKET (GLOBAL) COMPETITIVE LEADERSHIP MAPPING, 2017
  • FIGURE 42: NUANCE COMMUNICATION: COMPANY SNAPSHOT
  • FIGURE 43: MICROSOFT: COMPANY SNAPSHOT
  • FIGURE 44: ALPHABET: COMPANY SNAPSHOT
  • FIGURE 45: IBM: COMPANY SNAPSHOT
  • FIGURE 46: AMAZON: COMPANY SNAPSHOT
  • FIGURE 47: BAIDU: COMPANY SNAPSHOT
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